Business
Inside a single day on TikTok: 117 million videos, billions of views
Getting a sense of the scale of social media platforms can be tricky. While tech companies often share self-serving metrics—like monthly…
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Business
Singapore Savings Bond demand falls short by over S$200 million; 10-year return down at 2.69%
The latest tranche offers a first-year interest rate of 2.49%, declining from 2.73% in April’s issuance The latest Singapore Savings Bond…
Business
Universal Music Group’s $775 Million Acquisition of Downtown to Be Scrutinized by European Regulators
After months of outcry from independent-music trade organizations, European regulators are officially preparing to investigate Universal…
Business
iFast Q1 net profit rises 31.2% to S$19 million on continued growth in UK bank, wealth management platform business
Digital bank and wealth management platform iFast said its net profit rose 31.2 per cent year on year to S$19 million for the first…
Business
Samsung to invest US$117 million in southern Indian facility
South Korea’s Samsung Electronics will invest US$117.09 million in its facility in southern India, a minister said on Friday (Apr 25),…
Business
Shannon Sharpe Takes Break From ESPN’s ‘First Take’ After Rape Accusation and $50 Million Lawsuit
Shannon Sharpe has offered his last words on ESPN‘s “First Take” for the foreseeable future in the wake of accusastions and a $50 million…
Business
Robert Irwin’s Underwear Campaign Earns $8 Million in Media Exposure and Boosts Bonds on TikTok
Robert Irwin, the son of the late Crocodile Hunter Steve Irwin, helped Bonds soar in its U.S. debut. The Australian underwear brand…
Business
Hong Kong bourse operator to shift headquarters in US$812 million deal
Hong Kong’s bourse operator will shift its headquarters, it said on Thursday (Apr 24) and will take over the top nine floors of a building…
Business
OUE Reit posts 11.9% fall in Q1 revenue to S$66 million
OUE Reit’s revenue fell 11.9 per cent to S$66 million for its first quarter ended Mar 31, from S$74.9 million in the year-ago quarter.…
Business
Mapletree Industrial Trust proposes US$11.8 million divestment of US data centre
Mapletree Industrial Trust (MIT) is proposing to divest its data centre in Georgia, US, for US$11.8 million, it said on Wednesday (Apr…
Business
CapitaLand China Trust Q1 NPI slips 6.6% to 292.5 million yuan amid lower revenue
The manager of CapitaLand China Trust (CLCT) posted a net property income (NPI) of 292.5 million yuan (S$52.8 million) for the first…
News
Judge rules federal government owes nearly $28 million to North Dakota for pipeline protests
A federal judge on Wednesday found the state of North Dakota entitled to nearly $28 million for responding to protests of the Dakota…
Business
Apple and Meta Hit With $800 Million in Fines From European Union
Apple and Meta have been ordered to pay a combined Euros 700 million ($799 million) in fines by the European Union, the first issued by…
Business
This Houston startup just won $50 million from Elon Musk’s XPrize for Carbon Removal
When Elon Musk’s foundation sponsored the $100 million XPrize for Carbon Removal—a four-year-long competition to find credible ways to…
News
Apple fined 500 million euros and Meta 200 million euros for breach of EU law
Apple was fined 500 million euros (S$747.6 million) on Wednesday (Apr 23) and Meta 200 million euros, as European Union antitrust…
Business
Digital Core Reit’s Q1 distribution income rises 9.9% to US$11.7 million
Its revenue is up 79.9% at US$44.2 million; net property income grows 41.8% to US$22.4 million Digital Core Real Estate Investment Trust…
Business
Digital Core Reit’s Q1 distributable income rises 9.9% to US$11.7 million
Its revenue is up 79.9% at US$44.2 million; net property income grows 41.8% to US$22.4 million Digital Core Real Estate Investment Trust…
Business
Keppel Reit Q1 distributable income falls 3.5% to S$48.4 million
Keppel Reit reported on Wednesday (Apr 23) that its distributable income from operations fell 3.5 per cent to S$48.4 million on the year…
Business
Jeremy Scott’s Long-distance Design Relationship With Berlin’s $14 Million Theatrical Revue
Most designers would find such a project daunting: To create 500 costumes for a theatrical spectacular that is part-cabaret, part-circus,…
Culture
‘Conclave’ Viewership Soars After Pope Francis’ Death, Up 283% to Nearly 7 Million Viewers
The death of Pope Francis on April 21 resulted in millions of people watching the 2024 film “Conclave” from home. The movie is available…
Business
BRC Asia signs pact to buy majority stake in Southern Steel Mesh for RM61 million
Steel fabricator BRC Asia said on Tuesday (Apr 22) it has entered into a conditional share purchase agreement to buy a controlling stake…
Business
ESR-Reit Q1 NPI up 31.3% at S$82.5 million on acquisitions, asset enhancements
The manager of ESR-Reit on Tuesday (Apr 22) posted a 31.3 per cent rise in net property income (NPI) for the first quarter to S$82.5…
Business
Keppel Infrastructure Trust posts 27.7% higher Q1 distributable income of S$65 million ahead of GMG acquisition
Keppel Infrastructure Trust (KIT) on Tuesday (Apr 22) reported a jump in distributable income of 27.7 per cent to S$65 million, from…
Business
Nanofilm’s Q1 revenue rises 12% to S$44 million, fuelled by consumer business segments
Nanofilm Technologies said a strong performance by its consumer business segments helped to push its revenue up 12 per cent year on year…